Prices on Tuesday rose 0.5 percent to break a three-session losing streak. * U.S. gold futures were steady at $1,332.60 per ounce. * Asian shares were under pressure on Wednesday, with a rise in U.S. bond yields above the 3-percent threshold and warnings from bellwether U.S. companies of higher ...
BENGALURU, April 25 (Reuters) - Gold prices edged higher on Wednesday as most global stock markets fell and as the U.S. dollar eased below an over three-month high hit in the previous session. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,330.96 per ounce at 0058 GMT. Prices on ...
Barrick Gold (NYSE: ABX) reported its first-quarter results on April 24. The company reported better than expected results and posted an adj-EPS of $0.15, 7% higher year-on-year (y-o-y) and a revenue of $1.7 billion, 10% lower y-o-y. Higher earnings were largely attributable to higher gold prices and a ...
Gundlach, who oversees more than $119 billion in assets and spoke at a New York event for DoubleLine clients, said the core Consumer Price Index and the New York Federal ... Gundlach said gold prices, which have broken their downtrend line, were on the verge of breaking out to the upside.
Barrick Gold (ABX) is one of the largest gold producers in the world. The stock price has suffered from a gold price slump and high debt on its balance sheet, which reaches over $12.75 billion in 4Q'14, and despite an impressive comeback in 2016, the stock price has been sliding down since then.